Bitcoin price breaks $76K as ETF inflows accelerate

Bitcoin price extended its sharp recovery on Aug. 21, rising above $76,000 for the first time since late May as institutional inflows and improving U.S. liquidity conditions supported the breakout. Summary Bitcoin reclaimed $75,000 for the first time since late May after gaining roughly 18% rapidly. U.S. spot Bitcoin ETFs attracted $606 million on August 20, extending two consecutive inflow sessions. Bitcoin’s daily Awesome Oscillator turned positive while the Chande Momentum Oscillator reached an elevated 91.13. Treasury will double long-dated debt buybacks to at least $4 billion per operation starting September. The support zone between $70,000 and $72,000 now separates the breakout from deeper retracement risk. BTC traded near $76,291, gaining almost 9% over 24 hours and approximately 19% during the previous seven days, according to crypto.news price data. The rally lifted BTC by more than $11,000 in roughly 48 hours. The move began after BTC rebounded from the $62,000 to $63,000 region and broke through resistance around $65,000. It then cleared $70,000, paused near $72,000 and advanced through $75,000. Bitcoin price ends weeks of sideways trading The crypto had spent about six...